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Target, sales
Target says its holiday sales were better than expected — but its profits weren't
Discounts and sales events have remained a significant sales driver, as consumers emerge from a more than two-year stretch of high inflation. It’s unclear how much those deals will cut into Target’s and other retailers’ profit margins, and whether sales will keep improving if promotions fade away.
Target announces holiday sales exceeded expectations — but not profit as discounts reign king
The retailer now expects same-store sales growth of 1.5% for stores open at least 13 months in the fourth quarter – above previous expectations that it would stay flat.
Target announces better-than-expected holiday sales, but investors wary of no profit update
In the third quarter, rival Walmart ( WMT) posted adjusted earnings per share of $0.58, alongside same-store sales growth of 5.3%. Walmart has not yet unveiled its holiday results but did raise its guidance for fiscal year 2025 for the third time last quarter.
22h
on MSN
Target’s Holiday Sales Were Strong. It’s a Relief for Investors.
Target reported strong holiday sales on Thursday, giving its stock a boost. The retail chain said sales increased 2% on a ...
23h
Target bumps up holiday sales forecast but margin worries rub off shine
Target raised its holiday-quarter comparable sales forecast on Thursday, buoyed by robust shopper demand for clothing, toys ...
22h
on MSN
Target’s holiday sales show a rebound from third-quarter doldrums
Target raised guidance for a key metric in an update on its holiday sales after achieving records for both Black Friday and ...
22h
Target raising Q4 sales forecast on record holiday sales
Target (TGT) is raising its fourth quarter sales forecast as the retailer reports record-high sales figures from its Black ...
1d
Target’s Holiday Sales Show Signs of Life
The holidays brought more cheer than Target expected. Target said Thursday that same-store and digital sales in November and December rose 2% compared with the same period last year. Visits to stores ...
23h
Retail sales point to a robust holiday shopping season. U.S. economy starts off 2025 with some momentum.
Retail sales rose at a solid pace in the final month of 2024, capping off a good holiday shopping season and suggesting the ...
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